Are Analysts Bullish about Sunrun Inc. (NASDAQ:RUN) after last week?

January 9, 2018 - By Vivian Currie

 Are Analysts Bullish about Sunrun Inc. (NASDAQ:RUN) after last week?

Sunrun Inc. (NASDAQ:RUN) Ratings Coverage

Among 10 analysts covering Sunrun Inc (NASDAQ:RUN), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 90% are positive. Sunrun Inc had 28 analyst reports since August 31, 2015 according to SRatingsIntel. The stock has “Mkt Perform” rating by JMP Securities on Thursday, November 10. Barclays Capital upgraded Sunrun Inc. (NASDAQ:RUN) on Tuesday, November 22 to “Overweight” rating. The rating was initiated by KeyBanc Capital Markets with “” on Wednesday, October 21. The stock of Sunrun Inc. (NASDAQ:RUN) earned “Overweight” rating by Morgan Stanley on Tuesday, September 8. RBC Capital Markets initiated the stock with “Outperform” rating in Monday, August 31 report. The rating was initiated by Oppenheimer on Tuesday, June 21 with “Outperform”. As per Thursday, September 8, the company rating was initiated by JMP Securities. The company was maintained on Tuesday, August 8 by Barclays Capital. As per Friday, October 7, the company rating was upgraded by Goldman Sachs. The firm earned “Outperform” rating on Monday, May 2 by Credit Suisse. Below is a list of Sunrun Inc. (NASDAQ:RUN) latest ratings and price target changes.

09/11/2017 Broker: Oppenheimer Rating: Buy New Target: $10.0 Maintain
06/11/2017 Broker: Bank of America Rating: Buy New Target: $8.0
08/08/2017 Broker: Barclays Capital Rating: Overweight Old Target: $6 New Target: $8 Maintain
07/08/2017 Broker: Oppenheimer Rating: Buy New Target: $10.0000

The stock increased 0.67% or $0.04 during the last trading session, reaching $6.05. About 466,716 shares traded. Sunrun Inc. (NASDAQ:RUN) has declined 16.94% since January 9, 2017 and is downtrending. It has underperformed by 33.64% the S&P500.

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company has market cap of $649.14 million. It also sells solar leads. It has a 6.89 P/E ratio. The firm markets and sells its products through direct channels, partner channels, mass media, digital media, canvassing, referral, retail, and field marketing.

More news for Sunrun Inc. (NASDAQ:RUN) were recently published by: Globenewswire.com, which released: “Sunrun Receives Advancing Commonwealth Energy Storage Grant” on December 14, 2017. Newsday.com‘s article titled: “Solar installer to sell 10-hour home backup battery on LI” and published on December 19, 2017 is yet another important article.

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